Money 02 (Jun 10 - Sep 11)

[kennynah]

..:. On Wealth .:..


People who want to be rich fall into all sorts of temptations and traps. They are caught by foolish and harmful desires that drag them down and destroy them.

1 Timothy 6:9


Source: Life Changing Words

[winston]

Money By Jonathan Flaks, M.C.C.

We have many different names for money. In the United Kingdom, it’s the pound sterling. In Japan, it’s the yen. In the United States, we use words like “dough”, “bread”, “bucks”,
“dollars”, “cash" and “coin.”

My favorite word for money is currency, because it derives from the word with two meanings that relate very closely to how money works.

Money is fluid, like a river’s current and always passing from hand to hand. Even in times of economic recession, there is an abundant, ever-present, ever-flowing exchange for goods and services almost everywhere you turn.

The other meaning of the word ‘current’, is that it responds well when you are “in the present,” focused right now (currently) on what you are doing or who you are with and how you are gaining or adding value.

So if right now, money is flowing everywhere, how can you get more of it to flow into your business and your family? Here are three tips:


1. Money Corresponds to Value – It’s a fairly simple concept. The more value you provide for your clients and customers, the easier it is to get more business, attract more referrals and secure (or even raise) your rates. You know you’re providing a great service. Shouldn’t the rate be proportional to your service? Of course.

How else can you leverage what you do and who you know to add value? Make sure it relates to what your clients need or want – that is what they value.


2. The Competitive Market – You know how they say “keep your friends close, but keep your enemies closer”? Well, hopefully you don’t have any enemies, but it’s definitely a good idea to keep your competition close. It is always important to know what other competitors are doing and what they are charging.

Many people are too interested in being polite rather than telling or asking about someone else’s rates. You do have to base your rates on the reality of what is readily available to your clients elsewhere. Then go back to tip #1 to increase value.


3. Guts – They say “no guts, no glory” and true. This is especially important when asking for the price you deserve for the value you provide. Be willing to stand for what you’re worth, even if it makes someone temporarily uncomfortable.

You don’t want the client to laugh at the price and walk away, but just beneath that “turn-off” point there’s a level where the price may be just a little higher than anticipated, but high enough that the client knows they’ll be getting something special.

That’s where you want to start, and if necessary, negotiate a win-win from there. There is more information on these pricing tips starting on page 105 of my book, Income Double, Half the Trouble.

Follow these steps and your profits will grow.


http://www.selfgrowth.com/articles/money-1

[winston]

The Road to Millions Is Paved With Hard Work By Harvey Mackay

Here are some secrets shared by self-made millionaires:

Educate yourself about money. Even if you don't have your sights set on becoming the next Warren Buffett, a good understanding of finance will help you set priorities and make decisions about spending, investments, and savings. Knowledge is power.

Set some clear goals. You have to dream big if you want to succeed on a large scale. Don't be afraid of your ambitions. Start with a list of what you want to achieve this year, and then select the one goal that would have the greatest positive impact on your life, something you feel real passion for. Then get busy.

Serve other people. Structure your goals so they're not just about you. You'll earn support from the people whose help you need by showing them how your achievements will benefit them - and you'll feel better about yourself than you would if you concentrate only on what's in it for you.

Learn to sell yourself. Whatever you create, you have to sell to someone else. You'll need to understand sales and marketing no matter what industry you're in. But at the same time, you have to sell others on your abilities. Be honest and reliable so employers, customers, investors, or other important stakeholders know they can trust you to take care of them.

Think of yourself as your own CEO. Whether you work for a boss or for yourself, view your career and success as your own. That means taking full responsibility for what happens to you - your decisions, failures, and triumphs.

Put all your energy into your goals. Motivational guru Brian Tracy advises taking the "40+" approach: You work 40 hours a week for survival. Every minute you devote past that 40 hours is devoted to your success.

Source: ETR

[winston]

Money is a reward you receive for the service you render.

The more valuable the service, the greater the reward.

Thinking of ways we can be of greater service will not only help us earn more money, it will also enable us to grow intellectually and spiritually.

Bob Proctor

[winston]

''Being broke is a temporary situation. Being poor is a mental state.''

Mike Todd

[winston]

1. It is the duty of every person to be rich.
2. It is a sin to be poor.


George Bernard Shaw

[winston]

Income Earning Stategies by Bob Proctor


1) Trading time for money – By far the worst of the three income earning strategies, it is employed by approximately 96% of our population – doctors, lawyers, accountants, laborers, etc.

There is an inherent problem with this strategy – saturation. You run out of time. If a person accumulates any degree of wealth employing this strategy, it will be at the expense of a life.

They compromise on the car they drive, the house they live in, the clothes they choose and the vacations they take. They rarely, if ever, get what they want.


2) Investing money to earn money – This strategy is used by approximately 3% of the population. The number is small for the obvious reason – very few people have any money to invest.

Many people who effectively employ this strategy follow the advice of a trusted, knowledgeable advisor.


3) Leveraging yourself to earn money – This is where you multiply your time through the efforts of others by setting up Multiple Sources of Income (MSIs).

This is, without question, the very best way to increase your income. Make a decision to have many sources of income; it’s the strategy that wealthy people have used dating clear back to the ancient Babylonians.

Unfortunately, this strategy is only used by approximately 1% of our population, yet that 1% earns approximately 96% of all the money that is earned! You are only a decision away from membership

http://www.mindpowernews.com/MoneyReward.htm

[winston]

Very good video: 'Perception on Wealth"

http://www.onenessmovementflorida.org/p ... wealth.wmv

[winston]

The standard of success in life isn't the things.

It isn't the money or the stuff -- it is absolutely the amount of joy you feel.

--- Abraham

Excerpted from the workshop in Lincroft, NJ on Tuesday, October 15th, 1996 # 39


Source: abraham-hicks.com

[winston]

You cannot receive vibrationally something that you are not a vibrational match to.

And so, bless those who are finding abundance. And in your blessing of them and their abundance, you will become abundant, too.

But in your cursing of their abundance, you hold yourself apart from it.

It is a law - it is a powerful law.

--- Abraham

Excerpted from the workshop in Boulder, CO on Saturday, June 12th, 2004 # 43


Source: abraham-hicks.com